Question: Your manager has asked you to complete a liability report for your loyalty program and was provided with the following information: the company owed 1,000,000

Your manager has asked you to complete a liability report for your loyalty program and was provided with the following information: the company owed 1,000,000 points, at a cost of $0.03 per point

where 50% of your customers had used their points. What is your company's liability?

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